CBJ Developments Inc., CBJ - Clearview Garden Estates Inc., and CBJ - Bridle Park II Inc.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the BIA and section 101 of the CJA
- File
- CV-23-00707989-00CL
- Industry
- Real estate · Residential development
CBJ Developments Inc., CBJ - Clearview Garden Estates Inc. and CBJ - Bridle Park II Inc. have been in court-appointed receivership since 26 January 2024, when the Ontario Superior Court of Justice (Commercial List) granted an interim order on the application of 1180554 Ontario Limited under section 243(1) of the BIA and section 101 of the CJA. RSM Canada Limited acts as receiver and manager under court file CV-23-00707989-00CL, and the proceeding remains active. The Receiver's list of parties appearing to hold security interests in the Debtors' property, compiled from court materials and a registration search and neither audited nor admitted, records approximately $16,296,805 owed to 1180554 Ontario Limited, $13,001,142 to Clearview Garden Estates Inc., $12,969,738 to Bridle Park Inc., $9,999,762 to Bridle Park II and $2,000,000 to Lakefront Developments Ltd.
Motion Record of the Receiver returnable March 18, 2025 — Application / notice of application
Endorsement of the Honourable Justice W.D. Black dated October 23, 2024 — Endorsement / reasons
The court appointed RSM Canada Limited as receiver and manager, on the application of 1180554 ONTARIO LIMITED. Court file CV-23-00707989-00CL.
Outcome brief
CBJ Developments: a credit bid, then two lawsuits in the company's name
The first mortgagee, 1180554 Ontario, took three parcels near Stayner by credit bid in November 2024, for $18.3 million of its debt, after the first buyer forfeited $1 million in deposits. The discharge order then waited eight months on two actions started in CBJ Developments' name during the receivership.
Debtor
CBJ Developments Inc., CBJ - Clearview Garden Estates Inc., and CBJ - Bridle Park II Inc.
Receiver
RSM Canada
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 4 orders, Oct 2024 | 191 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 4 orders, May 2024 – Oct 2024 | 196 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 3 orders, Mar 2025 – Apr 2025 | 168 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Nov 2024 – Nov 2025 | 309 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 2 orders, Jan 2024 | 193 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverRSM Canada | Paliare Roland Rosenberg Rothstein LLP | 29 May 2024 | Order · 29 May 2024 |
| Applicant | Aird & Berlis LLP | 15 Nov 2023 | Application · 15 Nov 2023 |
| CreditorToronto Capital Corp | Bennett Jones LLP | 7 Sep 2024 | Service list · 7 Sep 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 1180554 Ontario LimitedApproximate amount owed to a party who 'appears to hold a security interest' on the Debtors' property, per the Receiver's list (compiled from court materials and a registration search; not audited or verified). No date is stated for the figure. Inclusion does not mean the claim is admitted. | $16.3M | Notice and Statement of Receiver dated February 5, 2024 |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
4 more claims in 1 class The stack holds Secured claims.
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See all plansThis proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
| Receiver’s Discharge Certificate dated March 25, 2026 | PDF · Subscribers | |
Discharge Order dated November 18, 2025
| PDF · Subscribers | |
| First Supplement to the Third Report dated November 7, 2025 | PDF · Subscribers | |
Endorsement of the Honourable Justice Osborne dated April 14, 2025
| PDF · Subscribers | |
Endorsement of the Honorable Justice Osborne dated March 18, 2025
| PDF · Subscribers | |
Interim Distribution Order dated March 18, 2025
| PDF · Subscribers | |
| Motion Record of the Receiver returnable March 18, 2025 | PDF · Subscribers | |
| Third Report of the Receiver dated March 7, 2025 | PDF · Subscribers | |
Endorsement of the Honourable Justice Conway dated November 18, 2024
| PDF · Subscribers | |
Ancillary Relief Order dated October 23, 2024
| PDF · Subscribers | |
Approval and Vesting Order (Bridle Park) dated October 23, 2024
| PDF · Subscribers | |
Approval and Vesting Order (Clearview) dated October 23, 2024
| PDF · Subscribers | |
Endorsement of the Honourable Justice W.D. Black dated October 23, 2024
| PDF · Subscribers | |
Endorsement of the Honourable Justice Kimmel dated October 7, 2024
| PDF · Subscribers | |
| Motion Record of the Receiver dated September 30, 2024 | PDF · Subscribers | |
| Second Report of the Receiver dated September 20, 2024 | PDF · Subscribers | |
Service List dated September 7, 2024
| PDF · Subscribers | |
Ancillary Order dated May 29, 2024
| PDF · Subscribers | |
Approval and Vesting Order dated May 29, 2024
| PDF · Subscribers | |
Endorsement of the Honourable Justice Kimmel dated May 29, 2024
| PDF · Subscribers | |
| Motion Record of the Receiver returnable May 29, 2024 | PDF · Subscribers | |
| First Report of the Receiver dated May 22, 2024 | PDF · Subscribers | |
Notice and Statement of Receiver dated February 5, 2024
| PDF · Subscribers | |
Appointment Order dated January 26, 2024
| PDF · Subscribers | |
Endorsement of the Honourable Justice Penny dated January 26, 2024
| PDF · Subscribers | |
Endorsement of the Honourable Justice Steele dated December 19, 2023
| PDF · Subscribers | |
Notice of Application dated November 15, 2023
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “CBJ Developments Inc., CBJ - Clearview Garden Estates Inc., and CBJ - Bridle Park II Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 16 October 2026, https://proceedings.ca/case/cbj-developments-inc-cbj-clearview-garden-estates-inc-and-cbj-bridle-park-ii-inc